Account Recovery

JANUARY 13, 2021

JUDGE APPROVES $40k SETTLEMENT IN CLASS ACTION A District Court judge in Nevada has granted approval of a plaintiff’s unopposed motion for preliminary approval of a settlement in a class action Fair Debt Collection Practices Act case after the defendant was accused of not properly identifying itself in voicemail messages that were deemed to be … The post Daily Digest – January 13.

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Fico Collections

JANUARY 13, 2021

To preface this post, my work focuses on digital financial services. I mention this as I’m not a doctor or scientist of any sort. I can’t cure COVID-19 (unless whiskey and wine are the cure). I’m immensely grateful for the scientists who have developed a vaccine and the healthcare professionals that are currently administering it. I’m optimistic that 2021 will go significantly better for all of us than 2020 did.

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Account Recovery

JANUARY 13, 2021

PHILADELPHIA, PA – January 13, 2021 – Corporate Advisory Solutions (“CAS”) today announced the promotion of three deal team members. Nick Ciabattone has been promoted from Senior Associate to Vice President. Since joining CAS in 2015, Nick serves as lead deal support on selected M&A transactions and engagements. He has participated in numerous sell-side and buy-side transactions as well as … The post Corporate Advisory Solutions Announces Promotions of Three Deal Team Members appeared

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Nerd Wallet

JANUARY 13, 2021

Everything’s bigger in Texas, or so the saying goes, and unfortunately, that may include your renters insurance rates. The average cost of renters insurance in Texas is higher than the national average, but shopping around can often lower your rates. To help you narrow the options, NerdWallet compared companies across the state to find the. Sarah Schlichter writes for NerdWallet.

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Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

JANUARY 13, 2021

The Receivables Management Association International (RMAI) is pleased to announce two significant milestones for its Receivables Management Certification Program (Program): The Program finished its eighth year in 2020 with 476 certifications, a record number and a 25% increase over the prior year. All certification categories—which includes debt buying companies, collection agencies, collection law firms, brokers, … The post RMAI Receivables Management Certification Program Continues to E

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Account Recovery

JANUARY 13, 2021

As many of you know, there is a lot going on in California right now. The state is getting ready to release a new licensing application, one that companies will need to understanding and complete before the state’s new licensing law goes into effect next January. The state is also building its own version of … The post California Regulator Seeking Collectors To Join Advisory Committee appeared first on AccountsRecovery.net.

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Consumer Finance

JANUARY 13, 2021

The Consumer Financial Protection Bureau and the National Credit Union Administration announced a Memorandum of Understanding agreement to improve coordination between the agencies related to the consumer protection supervision of credit unions over $10 billion dollars in assets.

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Account Recovery

JANUARY 13, 2021

The change in control of the Senate means that there will be a new Sherrod in town in charge of the committee that most directly deals with debt collections, and Sen. Sherrod Brown [D-Ohio], the new chairman of the Senate Banking Committee, met with reporters yesterday to outline his agenda for the coming Congressional session. … The post New Senate Banking Chair Lays Out Agenda, Plans to Restore CFPB to ‘Full Strength’ appeared first on AccountsRecovery.net.

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Nerd Wallet

JANUARY 13, 2021

The Capital One VentureOne Rewards Credit Card offers flexible rewards, a $0 annual fee and no limits on the number of miles you can earn making purchases. There are some lesser-known reasons why you should be using the Capital One VentureOne Rewards Credit Card card for everyday purchases. But first: The well-known reasons Welcome bonus: Lee Huffman writes for NerdWallet.

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Collections

Account Recovery

JANUARY 13, 2021

A District Court judge in Nevada has granted approval of a plaintiff’s unopposed motion for preliminary approval of a settlement in a class action Fair Debt Collection Practices Act case after the defendant was accused of not properly identifying itself in voicemail messages that were deemed to be initial communications with individuals. A copy of … The post Judge Approves $40k Settlement in FDCPA Class Action appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 147

Nerd Wallet

JANUARY 13, 2021

In late 2019, the InterContinental Hotels Group inked a partnership with a group of boutique properties called Mr & Mrs Smith hotels. Hundreds of Mr & Mrs Smith hotels are now bookable through IHG’s website and app. IHG Rewards members can redeem points at these hotels or earn points for stays. Here’s a look at. JT Genter writes for NerdWallet.

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Jimerson Firm

JANUARY 13, 2021

On January 21, 2021, partner Hans C. Wahl will be a panelist for Community Associations Institute’s Lunch-and-Zoom event, “Legal Hot Topics: Emergency Powers, Short Term Rentals and ESAS.” The one-hour panel is being exclusively presented to Northeast Florida Chapter members, and the panel will discuss legal issues that impact your community.

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Foster Swift

JANUARY 13, 2021

A new amendment was recently enacted in Michigan which expands the scope of receivership proceedings, which are a liquidation alternative to bankruptcy. Previously, the receivership statute in Michigan applied only to receiverships over commercial real estate. Now it is applicable to all operating businesses in Michigan, and commercial and industrial loans irrespective of whether real estate collateral is involved.

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Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Better Credit Blog

JANUARY 13, 2021

Wondering why Data Facts is on your credit report? If you’ve recently noticed the name on your report, it’s most likely there as a soft or hard inquiry. This inquiry could have been prompted by an application for a new job, rental home, or a loan. While your score may have dropped a few points, you probably don’t need to be concerned about the inquiry.

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Troutman Sanders

JANUARY 13, 2021

In True Health Chiropractic Inc., et al. v. McKesson Corp., et al. , the Northern District of California held that it was divested of jurisdiction by the Hobbs Act, 28 U.S.C. § 2342, and thus could not reconsider the validity of a declaratory ruling rendered by the Consumer and Government Affairs Bureau of the Federal Communications Commission (“FCC”), reaching a contrary result to the Fourth Circuit’s holding on a similar question in Carlton & Harris Chiropractic Inc. v.

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ABI

JANUARY 13, 2021

By: Matthew Kipnis. St. John’s University School of Law. American Bankruptcy Institute Law Review Staff. . Under section 365(d)(3) of title 11 of the United States Code (the “Bankruptcy Code”), a trustee or debtor in possession must generally pay rent in accordance with the terms of an unexpired lease. In In re Pier 1 Imports, Inc. , the United States Bankruptcy Court for the Eastern District of Virginia held that it is was within the scope of the court’s authority to delay a debtor-retailer’s

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Troutman Sanders

JANUARY 13, 2021

In Hirsch v. USHealth Advisors, LLC , Judge Pittman, of the United States District Court for the Northern District of Texas, denied Aaron Hirsch’s (“Plaintiff”) Motion for Class Certification, which was based on allegations that USHealth Advisors, LLC (“USHA”) and USHealth Group, Inc. (“USGA”) (collectively “Defendants”) violated the Telephone Consumer Protection Act and Maryland equivalent of the Telephone Consumer Protection Act.

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Collections

Jimerson Firm

JANUARY 13, 2021

It seems we were on a run of nasty litigation for a few years in a row, which was a drag on our practice. Without getting into specifics, there were times where I thought we were not going to make it through. Each time Jimerson Birr helped us pull a rabbit out of a hat and overcome our opposition. We sure are glad that is behind us, but we never would have gotten to where we are at without them fixing those problems.

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FFGN COLLECT NY

JANUARY 13, 2021

Whether you are looking for assistance with collection efforts or want to make sure your current vendor is in compliance, you should be familiar with the laws that govern New York debt collection. This way you can be sure your agency or attorney is in compliance. It should be noted that most news articles about debt collection involve rogue collectors or firms that either harassed consumers or failed to give the required notice of a debt.

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Jimerson Firm

JANUARY 13, 2021

Their experience in class-action claim defense has enabled us to achieve some swift, cost-effective results on consumer claims cases. They have a tried and true playbook that works. Jimerson Birr can spout off the law on most of the issues off the top of their head if you ask them too. I was always impressed by that, but what made me more impressed was how good they were to work with when dealing with difficult claimants in challenging cases.

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ABI

JANUARY 13, 2021

By: Lianna Murphy. St. John’s University School of Law. American Bankruptcy Institute Law Review Staff Member. . A judicial admission “is a statement made by a party or its counsel” regarding a fact that is binding on the admitting party throughout the case. [1] In Pillars v. GM LLC , the United States Court of Appeals for the Second Circuit held that language from a superseded sale agreement was not a binding judicial admission because such admissions must be “deliberate, clear and unambiguous

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Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

Jimerson Firm

JANUARY 13, 2021

In my entire career, I’ve never seen as convoluted as a case as my last one with Jimerson Birr. This case had everything. With each twist and turn, Jimerson Birr remained calm and steady. They put together a strategy from the beginning that worked. Even things that we couldn’t have foreseen didn’t shake them as they delivered an incredible result for us.

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ABI

JANUARY 13, 2021

By: Antonio G. Sciarrotta. St. John’s University School of Law. American Bankruptcy Institute Law Review Staff. . In In re The Sunshine Group, LLC. , the United States Bankruptcy Appellate Panel of the Ninth Circuit affirmed the dismissal of a bankruptcy case because it was filed in bad faith. [1] The Sunshine Group, LLC. (the “Debtor”) operated a motel until 2015, when it began to develop plans to demolish the property and build an upgraded motel. [2] However, in 2016, the City of

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Jimerson Firm

JANUARY 13, 2021

Jimerson Birr makes business to business debt collection easier than it normally is. They are effective because they are diligent, organized and aggressive. They are aware that a proactive and sensitive approach often yields the best result. They often secure payment in an agreeable manner, without putting a strain on the relationships we have with our customers.

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ABI

JANUARY 13, 2021

By: Mary T. Michalos. St. John’s University School of Law. American Bankruptcy Institute Law Review Staff. . In response to the economic fallout of the global COVID-19 pandemic, Congress passed the CARES Act, a part of which made government-guaranteed loans available to qualified small businesses through the Paycheck Protection Program (“PPP”). [i] The Small Business Administration (“SBA”) swiftly implemented several regulations regarding PPP eligibility, one of which disqualified debtors in

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Credit Unions